USLakeFront Lake survey & intelligence

$665,000

3579 Shoreline Dr, Syracuse, IN 39787

Sample listing
3
Bedrooms
3
Bathrooms
1,700
Square feet
180 ft
Shoreline
$3,694
Per shoreline ft

Wooded acreage with private shoreline on Lake Wawasee. Roughly 180 feet of owned shoreline on 1.6 acres, with 3 bedrooms across 1,700 square feet. No dock. Water clarity on Lake Wawasee averages around 10 feet and the lake is classified stable for water level. Dock and shoreline work fall under Indiana DNR. This is a sample listing used to demonstrate the platform.

Features

Sandy beachScreened porchOpen floor planNew seawallCovered slipFire pitPrivate dock

Property facts

Property typeHouse Year built1961 Lot size1.60 acres DockNo dock Water depth at dock7 ft ExposureNorth-facing ViewSunset Annual taxes$10,000 HOA$0/mo Short-term rentalPermitted Listed2026-08-05
$5,872
All-in monthly
$152,210
Cash to close
$15,625
Costs beyond the obvious

Up front

Down payment$133,000
Closing costs (est. 2.4%)$15,960
Septic inspection & pump$850
Water quality testing$400
Waterfront home inspection$800
Survey (shoreline frontage)$1,200
Total$152,210

Every year

Principal & interest$42,045
Property taxes$10,000
Hazard insurance$2,793
Flood insurance$2,400
Utilities$2,400
Maintenance reserve (1.1%)$7,315
Septic service$520
Well & water testing$260
Dock maintenance$900
Winterization / seasonal close$750
Shoreline / seawall reserve$1,080
Total$70,463
Adjust these assumptions →
$3,694
This home / shoreline ft
$2,029
Lake average
$391
Per square foot
Well above the lake average — this property prices at $3,694 per shoreline foot against a lake average near $2,029, a difference of 82%. Shoreline frontage is the metric that drives waterfront value, and it is almost never published.
Open the analyzer →
Modeled from the lake's estimated nightly rate and occupancy. Confirm local short-term rental rules before you rely on this.
Booked nights / year179 Gross revenue$157,941 Lodging tax−$17,373 Management−$28,113 Cleaning & supplies−$30,893 Net operating income$81,561 Against annual carry$11,097
Model your own →
6.8
Lake score
C
Water grade
1 ft
Drawdown
Level stabilityStable Typical clarity10 ft Dock authorityIndiana DNR
Full Lake Wawasee report →
Comparable

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